UK

UK Aiming to Snub Out Smoking For Good

In a bold stride towards public health, the UK Parliament has recently advanced legislation aimed at banning cigarette sales to…

7 months ago

UK Moves to Prevent Foreign Government Ownership of National Newspaper

The UK government is set to introduce a ban on foreign government ownership of British newspapers and news magazines. This…

8 months ago

The Budget in Brief: Cuts, Reliefs, and Reforms

In a decisive move to spur economic growth, UK Chancellor Jeremy Hunt has presented a budget focused on long-term prosperity…

9 months ago

Barclays Bank to Cut 5000 Jobs amidst Global Workforce Reduction

Barclays Bank has embarked on a significant restructuring process, reducing its global workforce by 5,000. This decision forms part of…

11 months ago

Game On! Microsoft Levels Up with $69 Billion Activision Acquisition!

Microsoft has successfully closed its $69 billion deal to acquire Activision Blizzard, a significant move in the gaming industry. This…

1 year ago

Bank of England’s Interest Rate Riddle: Balancing Inflation and Growth!

The Bank of England's Governor, Andrew Bailey, recently made headlines by suggesting that interest rates are nearing their peak, although…

1 year ago

The UK Economy is sick: The Economic Impact of Rising Illness Rates

The UK's economy is ailing, and this isn't just a figure of speech. More Britons than ever are out of…

2 years ago

Swap to Stop: A Bold New Plan to Snuff Out Cigarettes

In a world-first initiative, one million smokers in England will be encouraged to trade cigarettes for vapes in the innovative…

2 years ago

Corporation Tax to rise to 25% for the most profitable firms

The rate of corporation tax is going up in the UK! That's right, starting next month, companies with over £250,000…

2 years ago

Nestle planning another price increase

Nestle, one of the world’s largest food and beverage companies, is planning to increase prices again this year as they…

2 years ago

Food prices at a 14-year high as the UK battles inflation

Annual food prices in the UK went up by 14.7% in October, representing the largest increase since records began in…

2 years ago

Dark days for the UK economy…

The UK economy has been plunged into economic turmoil since the announcement of the mini-budget last week. Since the new chancellor,…

2 years ago

UK prices spiraling upwards as inflation hits 40-year high

The UK inflation rate is rising at its fastest rate in 40 years. This is predominantly a result of soaring…

2 years ago

How effective will the UK plastic tax actually be?

On April 1st, the new UK plastic tax will come into effect. The levy on firms will charge £200 per…

3 years ago

Uber prices in London set to increase after high court ruling

Following a high court ruling about Uber's relationship with their customers, the price of each ride may be about to…

3 years ago

Gas price surge leaving businesses bankrupt and consumers uncertain

The gas price surge across Europe has led to the collapse of two small UK gas providers. Avro Energy and Green,…

3 years ago

Pound on a high as over 20% of the UK gets vaccinated

With over 15 million people having now received their first of two Covid-19 jabs, there appears to be a rising…

4 years ago

Rishi to the rescue: UK chancellor announces the new job support scheme

The UK chancellor, Rishi Sunak, has just announced the government’s latest scheme to save people’s jobs from the ongoing Coronavirus…

4 years ago

Young people are the worst affected as unemployment creeps up in the UK

The unemployment rate in the UK has risen to its highest level in two years, with an official figure of…

4 years ago

UK hit the hardest amongst the world’s largest economies

The results are out for the economic impact that Covid-19 has had on the world’s major economies in the first…

4 years ago

UK supermarket is flexing its monopsony muscle

Tesco, the UK’s largest supermarket chain, has reached out to their suppliers and asked them to ‘kindly’ reduce the price…

4 years ago

£900,000 of taxpayer’s money to be spent on painting the PM’s plane

Government spending is a complicated business. In a mixed economy, the role of the government is undoubtedly vital in providing…

4 years ago

6.3 million people in the UK are being paid by the government – to stay at home!

In April, the UK government launched an unprecedented job retention scheme to combat the economic fallout of the coronavirus on employment. Under the…

5 years ago

UK government to borrow over £200 billion to fight Covid-19 – but who do they borrow from?

In the last three months, governments around the world have been spending huge sums of money on packages to reduce…

5 years ago

Petrol prices plummeting towards £1 per litre as the price war for oil continues and drivers stay off the roads

The cost of petrol in the UK is nearing £1 for the first time in four years. This is the…

5 years ago

Minimum wage in the UK increases by 6.2%

As of Wednesday this week, national minimum wage in the UK has increased by 6.2% for those aged 25 and…

5 years ago

The cost of the coronavirus so far: $7 trillion and counting

Since the outbreak of Covid-19 in January this year, governments and central banks around the world have been spending trillions…

5 years ago

Not even a cheeky Nando’s can help you through this crisis: Nando’s and McDonald’s to close all UK restaurants!

McDonald's has announced that as of Monday evening it will close all 1,270 of their UK based restaurants until further…

5 years ago

UK government to step in and pay people’s wages

In yet another unbelievable day of economic policy in action, the chancellor of the exchequer, Rishi Sunak, announced yesterday the…

5 years ago

Interest rate in the UK has been cut to lowest in history – what a time to be studying economics!

For the second time in a week, the Bank of England has cut interest rates in an attempt to rescue…

5 years ago

Now is the time to borrow: Bank of England slashes interest rates to 0.25%

In an attempt to combat the economic fallout caused by the outbreak of the coronavirus, the Bank of England has…

5 years ago

At what cost should the UK balance its budget?

All eyes are on the UK’s new chancellor, Rishi Sunak, who will soon be announcing the government’s budget for the…

5 years ago

Can the economically inactive fill the staff shortages in the UK?

The British Home Secretary has suggested the training and upskilling of the economically inactive in order to fill the large…

5 years ago

UK hoping for a zero-tariff and zero-quota trade deal with the EU

With the UK finally leaving the EU this week, talk is beginning to ramp up over what a potential trade…

5 years ago